Andrew Bon Salle is executive vice president of single-family business at Fannie Mae. Most recently, Bon Salle served as Fannie Mae's senior vice president and head of underwriting and pricing and capital markets.
Combine standardization with so-called “big data” and that’s the power behind the DU validation service – another Day 1 Certainty offering. Data power enables a more accurate, simpler digital process. With electronic validation of income, assets, and employment, lenders and borrowers benefit by moving away from the manual processes prevalent in the industry today.
With the recent turnover in leadership at the Federal Housing Finance Agency, we may be standing at the precipice of great change in the government’s role in supporting the mortgage market through Fannie Mae and Freddie Mac.